External Shocks on a Dollarized Economy: An Empirical Evidence From Ecuador

Theory suggests that countries within a dollarized regime will have problems responding to external shocks, since these countries lack of monetary policy. Empirical research on this issue is based mainly on the case of Panama, as the country adopted dollarization in 1904. However, since 2000 Ecuador...

• Yazar: Zambrano Córdova, Elena (author)
• Materyal Türü: article
• Dil: spa
• Baskı/Yayın Bilgisi: 2019
• Konular: external shocks; dollarization; terms of trade; resource curse
• Online Erişim: https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/71